One thing that I love about traveling and teaching about finances is that I learn so much from the people I meet!

So here is how this series works. I will share a question that has been sent in to me, and YOU Answer The Question!

QUESTION: We have had our car insurance with the same company for twenty years. We know we are paying too much so we are obtaining new car insurance quotes. Once I get the new quotes, should I contact my current insurer and ask for a counter-offer? I am hesitant because we have been with them for so long.

One thing that I love about traveling and teaching about finances is that I learn so much from the people I meet!

So here is how this series works. I will share a question that has been sent in to me, and YOU Answer The Question!

QUESTION: I am 49 year old single person with no small children, and I am looking to purchase term life insurance for myself. Do I still need eight to ten times my salary in insurance or just enough to cover any expenses my children will face?